October 14, 2026 8:22 PM

IDBI Bank restructuring to strengthen banking ecosystem: FM Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said the government’s decision to strategically restructure IDBI Bank reflects India’s continued commitment to economic reforms and financial sector transformation. In a post on social media platform X, FM Sitharaman said the Cabinet Committee on Economic Affairs’ (CCEA) approval of the restructuring was achieved under the leadership of Prime Minister Narendra Modi and would pave the way for the bank’s next phase of growth through foreign...

October 9, 2026 12:00 PM

Nirmala Sitharaman to hold high-level meetings with Singapore leadership, global investors

Union Finance and Corporate Affairs Minister Nirmala Sitharaman is on an official visit to Singapore from October 9 to 11 to strengthen bilateral economic ties and explore investment opportunities with Singaporean and international investors.   During the visit, the Finance Minister will hold high-level meetings with Singapore's political leadership, senior business executives and global institutional investors.   Sitharaman is scheduled to call on Singapore President Tharman Shanmugaratna...

March 13, 2026 7:25 PM

Piyush Goyal urges industry to leverage India-EFTA trade pact; highlights $100 billion investment commitment

Union Commerce and Industry Minister Piyush Goyal on Friday urged industry leaders to fully utilise the opportunities created under the India-EFTA Trade and Economic Partnership Agreement (TEPA), highlighting a legally binding $100 billion foreign direct investment (FDI) commitment from EFTA nations and the potential to generate one million jobs in India. Addressing a commemorative session marking two years of the agreement organised by ASSOCHAM in New Delhi via video conference, Goyal describe...

March 10, 2026 9:38 PM

Cabinet approves changes in FDI rules for investments from countries sharing land border with India

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved amendments to India’s foreign direct investment (FDI) policy governing investments from countries that share a land border with India, aiming to streamline approvals and encourage investments in key manufacturing sectors. The changes introduce clearer rules on beneficial ownership and faster approval timelines for investments in critical sectors such as electronic components, capital goods and solar manufacturing....

February 12, 2025 2:00 PM

PM Modi highlights country’s reforms at India-France CEOs forum, invites businesses to invest in India

Prime Minister Narendra Modi has urged French enterprises to leverage the vast opportunities available in India and collaborate in areas such as technology, innovation, and sustainable development. In his address to the 14th India-France CEOs Forum in Paris, PM Modi invited French businesses to deepen their partnership with India. He highlighted the series of economic reforms introduced in the recent budget, emphasizing their potential to boost investments and enhance the ease of doing busines...